Registered User Joined: 3/12/2005 Posts: 32
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GENZ was in an apparent line of accumulation from March 8th to the 20th. Had a pop, failed back to the line, and now its clawing it way out. Yesterday's close takes out the March 23rd market structure high and congestion zone. HUll Moving average green, Money Stream and TSV looking healthier. Some resistance @ $62.56 and $63.56. Current move is a little bit early for an earnings run, as that isn't due until April 25th-30th. But looks like a fairly reasonable short term bet with a Square Of 9 target up near $64.00
I like it for the coming week.
FWIW! KingCAMBO
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